Opera teams up with Ledger Capital to examine Blockchain Applications

Opera, which is one of the most popular browsers around the globe has made a strategic partnership with the blockchain advisory and financial services firm Ledger Capital to explore possibilities of blockchain technology, according to the press release released on 28th September.

Based on its announcement, the two firms are looking to research on applications and use cases of blockchain technology and how it can be integrated into the Opera products and its ecosystem.

As reported earlier, Opera became the first web browser to introduce built-in crypto wallet. Charles Hamel, Product Lead of Opera’s crypto wallet, at the time of launching the crypto wallet said, “Paying with the crypto wallet is like sending digital cash straight from your phone, and we’ve just made it easier. This opens up new possibilities for merchants and content creators alike.”

Ding’an Fei, Managing Partner at Ledger Capital said that they are very much enthusiastic work with an innovator and industry leader like Opera. Opera has already won the race by integrating crypto wallet in its browser. Also, it has obtained investment from popular firms such as Bitmain. He further said we are looking forward to discovering new steps in how Opera will utilize its massive ecosystem and technical abilities to provide great value to its users and blockchain community.

Earlier this month, Opera launched a “Labs” special edition of its desktop web browser with an integrated crypto wallet. This new edition will allow users to authenticate Web 3.0 and decentralized application (DApp) transactions performed on their computer using an Android smartphone. “Labs” can successfully exchange information between the computer and mobile crypto wallet.

In December 2017, Opera inserted anti-crypto mining in their integrated ad-blocker for its desktop browser, later on upgrading its mobile browser also. In August 2018, Firefox also declared that it will block cryptojacking malware in the upcoming versions.

Opera was started way back in 1995 at Norway. In 2017, the firm has generated an operating revenue of $128.9 million and net income of $6.1 million. According to the first quarter of 2018, Opera’s user base has reached 322 million worldwide. Later in June 2018, Opera registered for an Initial Public Operating in the US, in order to raise up to $115 million.

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